The morning news. [volume] (Savannah, Ga.) 1887-1900, 1887-10-01
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SAVANNAH MARKET.
WEEKLY REPORT.
OFFICE OF THE MORNING NEWS.
SANAN Wy All Il Sem a 49,

OFFICE OF THE MORNING NEWS.
SAvANNAH, ia, Sept 81. 1887.
GENERAL MISUNDERSTANDING the past week there
was considerable activity in the general market
and interest on the sort OF buyers has shown
marked increase. In pretty much all lines the
demand continues in good volume. There were
no features about the movement of special no.
tice except that values of pretty
rmch all the leading staples continue
weak and declining The movement in the cot
ION crop continues very heavy, which has ten
dency to weaken prices very much. Collections
are fair, but not i'll as full volume as was ex-
pecte particularly as the rece3tiou of orders by
io1bers is still quite liberal rae money market
has gradually Decome much easier, but there
is no decline in the ruling rates of interest Ex-
change, both foreign and domestic, is easy. The
security market was comparatively inactive,
though there is some slight demand for guar
anteed stocks and long date bonds by investors.
In groceries and provisions the shipping move
ment on orders is still quite heavy. In all other
departments there is a very steady movement
in progress while values are without material
change. The following resume of the weeks
business will show the tone of the different mar
ketS and the latest closing quotations of to-day:
NAVAL SToREs.-The market for spirits tur-
rentine was very strong throughout the week,
and prices steadily advanced closing to-day
fully 1c. higher than week ago. There was
good demand and the market was kept
pretty free of offering stock, some hold
ers were Withholding stocks, tho total
sales for the week were fully 5000
casks Rosin The market was quiet during
the week, but prices ruled very steady There
was a fair demand, which was freely met. The
total sales were about $500 barrels. In an
other column will be found a comparative state
ment of receipts and exports from the begin
ming of the season to date, and for the same
period last year, showing the stock on hand and
on shipboard not cleared, together with the Off
cia closing quotations of the Board of Trade.
CorroN-There was a pretty steady demand
during last week, but the heavy receipts caused
large Accommodations and prices were very much
weakened, closing to-day fully 1s@14c lower
tnan the previous week. Factors were not
pressing business and only let go on
lositive instructions. The total sales for the
week were fully 49, 400 bales. The following are
the official closing spot quotations of the Cotton
Exchange:
Good middling ACKNOWLEDGEMENTS. s 1916
Mlddlng .:..-.. .-.-.-.-,,,.- > lilo
Low middling ..-............ S19
SEA IsLAND.-The receipts for the week up to
q p. m, reported by factors, were 292 bags
and the sales for the same time were $50 bags
leaving the stock at 993 bales. There was some
little inquiry, but the offering stock was light
and but a Door assortment of desirable qualities
could be found. The most of the above business
was on private terms. Quotations remained un-
changed:
Common. .,,.............-..,,..l6l 20I
Medium ACKNOWLEDGEMENTS. 1850
tTOOQ. 1870
flne.-.-.' ...+..'- '..'.--- .1912GgSO
The receipts of cotton at this po~t from all
sources the past week We're 54,941 bles of up
land and 1872 bales sea island, against 81, 424 bales
OF upland. and 100 bales sea island last year.
The particulars of the receipts have been as
follows; Per Central railroad, 49, 09 bales up
land; per Savannah, Florida and Western Rail
way 10315 bales upland and 212 bales
sea island; per Charleston and Savannah rail
road Col bales upland; per Savannah river
steamers 1,341 bales upland; per Florida steam
ers, 295 bales upland: per Brunswick and Satilla
river steamers 1873 bales upland; per carts 1872
bales upland and 20 bales sea island.
The exports for the week were 1921 bales of
bland and "a bales sea island, moving as fol
lows to Philadelphia, Al bales upland; to New
York il $40 bales upland and 40 bales sea island ;
to Boston. BAT bales upland and bales sea
island; to Baltimore, 595 bales upland; to
Charleston, 1896 bales upland to Liverpool
i 674 bales upland and 80 bales sea island; to
Bremen. 1880 bales upland; to Genoa, 1851
bales upland.
The stock on hand to-day S8317 bales up
land and 1893 bales sea island against so ,753
bales of upland and LIP bales sea island last